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Nov 29, 2012
11/12
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wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the dollar bill be going the way of the doo-doo. a congressional panel is once again calling for the u.s. to stop printing singles and switch entirely to dollar coins. the nonpartisan panel believes it could save taxpayers money. it's more expensive to produce coins but they last about six times longer than paper bills. and you'll need some extra coins to buy starbucks latest. the coffee king is selling a new brew that will set you back $7 for a grande cup. it's made from a rare been grown in costa rica. if you want to brew a cup at home, a bag of th
wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the...
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Dec 24, 2012
12/12
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stocks stumbled on wall street and talks stalled on the fiscal cliff. the dow dropped nearly 121 points on friday while the nasdaq fell 29. >>> as americans hit the road for holiday travel, they'll be paying let at the gas pump. according to aaa, the national average is about 3.25 cents a gallon for regular. that's down 16 cents from a month ago. >>> "the hobbit:an unexpected journey," took in $27 million. coming in second, $16 million. "this is it" took in $14 million. duarte? >> thank you, erica ferrari, here in new york. >>> in sports the seahawks put a damper on the 49ers' plan of winning the midwest. they have a field goal block. it's scooped up by the seahawks richard sherman who brings it back to 90 yards for a touchdown. seattle blows out san fran, 42-13. >>> and the baltimore ravens are the champions of the afc north. the ravens get on the board first with a touchdown grab by tore are smith. baltimore passes the giants for a 33-14 win. when we return, the holiday hit a high note. audiences around the world take part at an annual sing-a-long of
stocks stumbled on wall street and talks stalled on the fiscal cliff. the dow dropped nearly 121 points on friday while the nasdaq fell 29. >>> as americans hit the road for holiday travel, they'll be paying let at the gas pump. according to aaa, the national average is about 3.25 cents a gallon for regular. that's down 16 cents from a month ago. >>> "the hobbit:an unexpected journey," took in $27 million. coming in second, $16 million. "this is it" took in...
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Dec 31, 2012
12/12
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you can keep tabs on the fiscal cliff talks. 24/7 by logging on our web site. >>> well it started out as a winter day of fun in the snow and ice. then the unthinkable happened. cbs reporter carter evans on the rescue that prevented tragedy. >> reporter: a rare christmas experience in the mountains above los angeles. fresh snow and ice for people who rarely see it. despite warning signs. >> look at that crack. is that a crack? >> few seemed concerned until -- >> oh! [screaming] >> we saw his arms going. someone said he can not swim. then it turned into panic. >> reporter: michelle and mickey were there with a camera. at first, all they could do was watch in horror as a man, who rushed to help -- oh. >> fell through the ice. then, another. six would-be rescuers in all were now in the icy waters. >> it was hard to watch. it was. we saw that guy go under three times and the third time we did not think he was coming back up. >> call 911. right now. >> the victims, clammerred for intertubed to stay afloat. from the shore, onlookers including the hermans tried toes to a lifeline. after sever
you can keep tabs on the fiscal cliff talks. 24/7 by logging on our web site. >>> well it started out as a winter day of fun in the snow and ice. then the unthinkable happened. cbs reporter carter evans on the rescue that prevented tragedy. >> reporter: a rare christmas experience in the mountains above los angeles. fresh snow and ice for people who rarely see it. despite warning signs. >> look at that crack. is that a crack? >> few seemed concerned until -- >>...
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Dec 31, 2012
12/12
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the "fiscal cliff" deadline just hours away. talks are stalled. can lawmakers get a deal done in time? >> we'll see. plus, a driver crashes into a concord funeral home during services. what police say was happening that could result in charges. >> a house fire in san francisco's excelsior district has firefighters raising eyebrows. we'll tell you why something illegal might be behind the cause. lawmakers have just hours to prevent tax hikes and spendg cuts.. r a deal? >> your realtime captioner: linda marie macdonald >>> peering over the "fiscal cliff," lawmakers have just hours to prevent tax hikes and spending cuts. is there any hope for a deal? >> reporter: firefighters are calling a house fire in san francisco's excelsior district suspicious. we'll tell you why in just a few moments. >> it's a frosty start to this last day of 2012. what about rain? could we see that on new year's eve? weta
the "fiscal cliff" deadline just hours away. talks are stalled. can lawmakers get a deal done in time? >> we'll see. plus, a driver crashes into a concord funeral home during services. what police say was happening that could result in charges. >> a house fire in san francisco's excelsior district has firefighters raising eyebrows. we'll tell you why something illegal might be behind the cause. lawmakers have just hours to prevent tax hikes and spendg cuts.. r a deal?...
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Dec 31, 2012
12/12
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cliff talk, 24/7 bilogging on to our web site, cbssf.com. >>> checking bay area headlines, the police still searching for the police who mugged a woman and killed her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob here. then grab her 12-year-old dog and hurled it into traffic. the police are checking for surveillance video. the area and offering a $1,000 reward for information. >>> the police chief, for the past 20 years, leaves his post today. craig stekler spent four decades in law enforcement. he was criticize inside 2005 for ending police response to burglar alarms. steckler will stay on for special assistant to the interim chief for the next few months. >>> 2012 has been a bad year for homicides in the major cities. two days to go oakland is at 130 for a year. 26% increase from 2011. sanfrancisco has 67 so far. it is say one third increase from last year. san jose's 45 is low for a city of almost a million people but it is still 12.5% higher than 2011. >>> well, a deadly tour bus crash in oregon. how the weather c
cliff talk, 24/7 bilogging on to our web site, cbssf.com. >>> checking bay area headlines, the police still searching for the police who mugged a woman and killed her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob here. then grab her 12-year-old dog and hurled it into traffic. the police are checking for surveillance video. the area and offering a $1,000 reward for information. >>> the police chief, for the...
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Dec 26, 2012
12/12
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. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid. >>> it's a scary statistic for recent college graduates. the number of young californians with degrees working in restaurants or retail has nearly doubled over the last five years. grace lee tells us these are the same people who have expensive college loans to pay off. >> reporter: when you're shopping this holiday season or eating out, take a look around. you might notice a lot more people under 30 working those jobs. according to the census bureau there are about 260,000 young adults with college degrees in california taking work in food service and retail because they can't get anything else. >> pretty sad now. >> reporter: roary graduated with a computer science degree. >> i graduated with my bachelors in 2009 and my first job was at a retail store. at first it was kind of embarrassing. >> i could
. >>> president obama is cutting his hawaiian vacation short to get back to fiscal cliff talks in washington. the country is a week away from tax increases and deep spending cuts that will be triggered without an agreement. the next move will likely fall on democratic senate leader harry reid. >>> it's a scary statistic for recent college graduates. the number of young californians with degrees working in restaurants or retail has nearly doubled over the last five years. grace...
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Dec 29, 2012
12/12
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. >> you can keep tabs on the fiscal cliff talks in washington. just log on to cbssf.com. >>> heightened patrols for drunk drivers are getting underway starting tonight. police agencies from every corner of the bay area are going to be setting up dui checkpoints. the drunk driving crackdown come as bay area lawmakers are proposing tougher penalties for repeat offenders. they include ignition interlock devices that would prevent a car from starting if the driver is intoxicated. >> we've tried increasing fines. we've tried to revoke licenses. but we need to do more to save lives. >> during the christmas holidays, the chp make nearly 1200 dui arrests. >>> another friday night road hazard, critical mass taking to the streets. you see only a handful have showed up tonight. this year marks the events 20th year. but clearly, the rolling protesters had more important things to do tonight. >>> checking bay area headlines, three more murders bring the city's homicide rate to its highest since 2006. two men were shot to death about 1 a.m. 90 minutes later, a
. >> you can keep tabs on the fiscal cliff talks in washington. just log on to cbssf.com. >>> heightened patrols for drunk drivers are getting underway starting tonight. police agencies from every corner of the bay area are going to be setting up dui checkpoints. the drunk driving crackdown come as bay area lawmakers are proposing tougher penalties for repeat offenders. they include ignition interlock devices that would prevent a car from starting if the driver is intoxicated....
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Dec 13, 2012
12/12
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stocks were struggling this morning as investors keep a close eye on that "fiscal cliff" talks in washington. we in they're having trouble. and so is wall street. the numbers are down in a big way down almost 100 points right now. down but despite the government reports that retail sales are actually up and unemployment claims dropped last week. they need fix that "fiscal cliff" though. >>> this week's jefferson award winner was inspired by her own aunt's experience to create something better for people with developmental disabilities. as kate kelly reports, she is expanding the world for her clients in the name of a stronger community for everyone. >> i put things away. i fold. i say hi to customers. they talk to me and they hug me and see me smile. >> reporter: 39-year-old robin sloan has been working at banana republic in corte madera for 15 years thanks to a program called pacific diversified services, or pds. >> our mission is to help people with disabilities become active members of their community through work and also through community interactions. >> reporter: founded 22 years ago
stocks were struggling this morning as investors keep a close eye on that "fiscal cliff" talks in washington. we in they're having trouble. and so is wall street. the numbers are down in a big way down almost 100 points right now. down but despite the government reports that retail sales are actually up and unemployment claims dropped last week. they need fix that "fiscal cliff" though. >>> this week's jefferson award winner was inspired by her own aunt's experience...
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Dec 31, 2012
12/12
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. >>> and remember, you can keep tabs on the "fiscal cliff" talks 24/7 by logging on to our cbs5.com website. >>> a new health problem for secretary of state hillary clinton. she has a blood clot. she is in the hospital in new york this morning. the clot was discovered yesterday in a follow-up exam following the concussion she had this month. her spokesman says the clot is related to the concussion but is not saying exactly where that clot is located. she is being treated with anticoagulants and will stay in the hospital for the next couple of days. >>> on the scene of developing news in san francisco this morning, cbs 5 reporter cate caugiran is in the excelsior district where a suspicious fire is under investigation. >>> reporter: firefighters are calling it suspicious because of how quickly the flames spread. you can see now crews are still here. we heard reports that residents did admit to having an illegal marijuana grow operation but an arson team will be investigating the cause of this fire. two people were taken to the hospital for nonlife- threatening injuries. three residen
. >>> and remember, you can keep tabs on the "fiscal cliff" talks 24/7 by logging on to our cbs5.com website. >>> a new health problem for secretary of state hillary clinton. she has a blood clot. she is in the hospital in new york this morning. the clot was discovered yesterday in a follow-up exam following the concussion she had this month. her spokesman says the clot is related to the concussion but is not saying exactly where that clot is located. she is being...
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Dec 5, 2012
12/12
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so far - no een >>> tensions over tax hikes and spending cuts have left the "fiscal cliff" talks all but frozen. so far no face-to-face meetings have been scheduled between the democrats and republicans. cbs reporter danielle nottingham with the president's push now to sell his plan to american businesses. >> reporter: president obama asked business leaders this morning to support his plan to prevent a fiscal crisis. >> let's allow higher rights to go up for the top 2%, that includes all of you, yes, but not in any way that's going to affect your spending, your lifestyles. >> reporter: if no deal is reached between democrats and republicans before the end of the year, taxes will go up for everyone and automatic spending cuts will kick in. the president wants bush-era tax breaks to expire for households making $250,000 or more. republicans are adamantly opposed to that. >> closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising rates. >> reporter: republicans are also pressing their case with the public. house gop leaders invited smal
so far - no een >>> tensions over tax hikes and spending cuts have left the "fiscal cliff" talks all but frozen. so far no face-to-face meetings have been scheduled between the democrats and republicans. cbs reporter danielle nottingham with the president's push now to sell his plan to american businesses. >> reporter: president obama asked business leaders this morning to support his plan to prevent a fiscal crisis. >> let's allow higher rights to go up for the...
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Nov 28, 2012
11/12
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lack of progress on fiscal cliff talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while the hang seng fell half of a percent. the deficit reduction talks weighed on wall street. the dow lost 9 points while the nasdaq gave up 9 points. brick-and-mortar sales reported increased sales to kick off the holiday shopping season. home prices in most major american cities are on the rise. a survey showed prices rose 3% in september. the bangladesh garment factory where 112 people were killed produced clothes for disney and walmart and sears. the ap discovered clothing and records connected to the retailers inside the remains of the factory. walmart says it stopped doing business with the factory after learning the facility was deemed high risk. this morning three factory officials were arrested on suspicion they locked the workers inside the building. the surge in cyber monday shopping on monday means big business for shippers. federal express expects to deliver 280 million packages during the holiday season. to handle
lack of progress on fiscal cliff talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while the hang seng fell half of a percent. the deficit reduction talks weighed on wall street. the dow lost 9 points while the nasdaq gave up 9 points. brick-and-mortar sales reported increased sales to kick off the holiday shopping season. home prices in most major american cities are on the rise. a survey showed prices rose 3% in september. the...
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Dec 28, 2012
12/12
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. >>> all that "fiscal cliff" talk gave wall street a wild ride today. the dow erased most of its 150- point deficit after promising news from washington. it ended up closing down 18 points. the nasdaq and s&p also closed down a bit. >>> just in tonight, america has lost one of its most decorated and beloved war heroes. general norman schwartzkopf died today. he raised as an army brat spent his life in the military. in vietnam he famously rescued fellow soldiers by marking land mines with shaving cream. but he is best known for commanding the american-led coalition in the 1991 gulf war. his temper earned him that nickname stormin norman. he was 78. >>> a woman called 911 in the middle of the night screaming for help. officers showed up and when it was over they had shot and killed a man. it happened at an apartment complex on creekside drive in walnut creek. officers say that the man confronted them the moment they arrived at the apartment around 3:15 this morning. they won't say what kind of weapon he had but the police say they were forced to shoot him
. >>> all that "fiscal cliff" talk gave wall street a wild ride today. the dow erased most of its 150- point deficit after promising news from washington. it ended up closing down 18 points. the nasdaq and s&p also closed down a bit. >>> just in tonight, america has lost one of its most decorated and beloved war heroes. general norman schwartzkopf died today. he raised as an army brat spent his life in the military. in vietnam he famously rescued fellow soldiers...
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Dec 27, 2012
12/12
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wall street's stocks fell for a third consecutive day due to investor concerns about the fiscal cliff talks. the dow lost 24 points on thursday. the nasdaq was down 22 points. trading was light. >>> a california judge could approve a plan to pay more than $1 billion to settle a case involving unintended acceleration problems with toyotas. the proposet settlement will resolve a class-action lawsuit for hundreds of toyota customers. numerous crashes and injuries and even deaths were blamed on the sudden acceleration. their production plunged as a result but has since rebounded. >>> and new evidence suggested the ailing housing market is getting better. a national price index says u.s. home prices rose 4.3% compared with a year ago. october was the fifth consecutive month of year-over-year gains aft almost two years of decline. >>> it will soon cost a lot more to park in downtown chicago. starting on new year's day, parker meters there will cost $6.50 an hour, up from 5.75 dlrts. that would make chicago the nation's most expensive city for metered parking. the city leased the meters to a
wall street's stocks fell for a third consecutive day due to investor concerns about the fiscal cliff talks. the dow lost 24 points on thursday. the nasdaq was down 22 points. trading was light. >>> a california judge could approve a plan to pay more than $1 billion to settle a case involving unintended acceleration problems with toyotas. the proposet settlement will resolve a class-action lawsuit for hundreds of toyota customers. numerous crashes and injuries and even deaths were...
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Dec 14, 2012
12/12
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instead, stocks closed lower after more signs of tension emerge from "fiscal cliff" talks in washington. the dow fell nearly 75, nasdaq down 22, s&p down 9. >>> it's a very, very special beer. it's being released in the world for the first and probably only time. >> hundreds lined up for an 85- dollar six-pack of beer. the reason this rare monk-made beer has final made its way to the just and they are easy to give but not necessarily easy to receive. the gift card glitch at one major retailer that has some complaining they can't cash in. >> mother nature is going to cash in with some rainfall coming up over the next couple of days but that's not the only change. did you think it was chilly outside this morning? wait until you see the lows coming up tonight. we have some frost advisories to talk about. but clear skies right now. we'll have live look at your forecast in five minutes. ,,,,,,,,,,,, well, now some macy's gift d recipients are getting a surprise when they try to rm their >>> this is the time of year we buy and give gift cards. some macy card recipients are getting a surprise
instead, stocks closed lower after more signs of tension emerge from "fiscal cliff" talks in washington. the dow fell nearly 75, nasdaq down 22, s&p down 9. >>> it's a very, very special beer. it's being released in the world for the first and probably only time. >> hundreds lined up for an 85- dollar six-pack of beer. the reason this rare monk-made beer has final made its way to the just and they are easy to give but not necessarily easy to receive. the gift card...
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Jan 3, 2013
01/13
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cliffs talks this week, including a bill to increase the nation's debt limit, but it won't take much for them to surpass the previous group in terms of legislative success. >> they tell me this is the least productive congress in the history of the nation. if it's not, i would hate to be in the one that was. >> the 113th congress will be the most diverse group of representatives ever assembled, especially in a democratic house caucus where white males will be in the minority for the first time ever. >> together the diversity of our caucus celebrates the strength of our nation. >>ov overall there will be neary 100 women and 33 hispanics all eager to handle the challenges ahead. >> we all have our ideas, the district sent us, and -- where are the bathrooms? >> mark kirk is making a comeback after nearly a year of rehabbing from a stroke. >> i don't ask for any sympathy. >> he says his biggest challenge today will be climbing the steps of the capitol building without tripping. and no one will have much time to settle in. the battle over the $16.4 trillion debt limit likely starts, terre
cliffs talks this week, including a bill to increase the nation's debt limit, but it won't take much for them to surpass the previous group in terms of legislative success. >> they tell me this is the least productive congress in the history of the nation. if it's not, i would hate to be in the one that was. >> the 113th congress will be the most diverse group of representatives ever assembled, especially in a democratic house caucus where white males will be in the minority for the...
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Jan 3, 2013
01/13
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deep spending cuts known as sequestration, tabled during the "fiscal cliff" talks this week, and a bill to increase the nation's debt limit. but it won't take much for them to surpass the previous group in terms of legislative success. >> they tell me this is the least productive congress in the history of the nation. if it's not, i would hate to be in the one that was. >> reporter: the 113th congress will be the most diverse group of representatives, especially in the democratic house caucus where white males will be in the minority for the first time ever. >> together the diversity of our caucus celebrates the strength of our nation. >> reporter: overall, there will be nearly 100 women and 33 hispanics all eager to tackle the challenges ahead. >> we all have ideas. our districts have sent us. and where are the bathrooms? >> reporter: he's not new but illinois senator mark kirk is making a come back after nearly a year of rehabbing from a stroke. >> i don't ask for any sympathy. >> reporter: he says his biggest challenge today will be climbing the steps of the capital building without
deep spending cuts known as sequestration, tabled during the "fiscal cliff" talks this week, and a bill to increase the nation's debt limit. but it won't take much for them to surpass the previous group in terms of legislative success. >> they tell me this is the least productive congress in the history of the nation. if it's not, i would hate to be in the one that was. >> reporter: the 113th congress will be the most diverse group of representatives, especially in the...
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Jan 2, 2013
01/13
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eye 442
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cliff" talks. they just want the republicans and democrats to decide, something solid, something businesses can bank on. >> businesses will tell you they can deal with a yes or no but it's maybes that make them go broke. what they want to know, is give me certainty, what are the rules of the game, what are the conditions i'm operating in and then
cliff" talks. they just want the republicans and democrats to decide, something solid, something businesses can bank on. >> businesses will tell you they can deal with a yes or no but it's maybes that make them go broke. what they want to know, is give me certainty, what are the rules of the game, what are the conditions i'm operating in and then
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Nov 27, 2012
11/12
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cliff talks. >> pelley: major, what is the white house willing to put on the negotiating table? >> scott, just about everything except social security. the president argues that social security is not driving the deficit problem. it has solvency issues of its own but the president wants those dealt with downstream, sometime next year and on a separate track. now congressional republicans, especially those eager-- or at least willing-- to raise tax revenue want social security, medicare and medicaid as part of the fiscal cliff negotiations. if that's the price tag of a grand bargain, the white house says at least where social security is concerned it's not going to buy. scott? >> pelley: major, thanks very much. it appears the new president of egypt may be backing away from the biggest crisis there since the revolution. there have been four days of protests after president mohammed morsi seized near absolute powers saying that his decisions cannot be overturned by the courts. well, tonight we're hearing that talks between morsi and the supreme court continue with an eye toward co
cliff talks. >> pelley: major, what is the white house willing to put on the negotiating table? >> scott, just about everything except social security. the president argues that social security is not driving the deficit problem. it has solvency issues of its own but the president wants those dealt with downstream, sometime next year and on a separate track. now congressional republicans, especially those eager-- or at least willing-- to raise tax revenue want social security,...
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Dec 11, 2012
12/12
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one thing has been agreed upon in the fiscal cliff talks, not to discuss the details. many look at this bipartisan silence and see an encouraging sign but white house and congressional sources tell me that while the atmosphere around these talks is positive between the president and speaker john boehner, when it gets to the underlying details, progress is maddeningly slow. president obama telephoned senate majority leader harry reid monday while rob nabors huddled for a second day in a row aide to speaker john boehner. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama wants to raise them for households earning more than $250,000 a year. he ha
one thing has been agreed upon in the fiscal cliff talks, not to discuss the details. many look at this bipartisan silence and see an encouraging sign but white house and congressional sources tell me that while the atmosphere around these talks is positive between the president and speaker john boehner, when it gets to the underlying details, progress is maddeningly slow. president obama telephoned senate majority leader harry reid monday while rob nabors huddled for a second day in a row aide...
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Dec 30, 2012
12/12
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we have some serious stuff to catch up on. >> we are starting with the fiscal cliff talks. today senate leaders are continuing to work to reach an 11th hour deal that would prevent a tax hike for all americans. even physical lawmakers strike a compromise in time it's not going to be a long term solution. >> senate republican leader mitch mcconnel left smiling. >> make any progress today sir? >> he and harry reid are worked on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to prevent it to the full senate for a vote sunday and then send it over to the house. house speaker john boehner was at the capitol but left with no comment. both sides remain at odds over the democrats incest ent of the higher tax rates. >> it would only funneled the government -- fund the government for 3 days. sdwlsz -- >> president omaba insists his plan on the table is fair. >> we just can't afford a self-inflicted wound to our economy. >> if sunday's negotiations don't pan out the president says he's ready to propose his own scaled back bill that would block in
we have some serious stuff to catch up on. >> we are starting with the fiscal cliff talks. today senate leaders are continuing to work to reach an 11th hour deal that would prevent a tax hike for all americans. even physical lawmakers strike a compromise in time it's not going to be a long term solution. >> senate republican leader mitch mcconnel left smiling. >> make any progress today sir? >> he and harry reid are worked on a scaled down agreement that focuses on...
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Dec 24, 2012
12/12
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cliff talks. >> let's hope they can figure it out in the next week. >> you can get more on melissa's segments on csf.com/morning. >>> time for a look at who's coming up a little later on this morning. >>> rebecca jar visit joins us live on christmas eve. good morning. >> good morning, frank and elizabeth. coming up ahead on our show on cbs this morning, the controversial call for armed guards at the school. we'll talk with asa hutch chin son about the gun control debate. plus john miller on the accuracy of "zero dark thirty," and christmas cheer for 2,000 people who just hit the jackpot in the world's richest lottery, $3.3 billion. >> happy holidays. >>> time is 6:52. have another check of today's top stories coming right up. >>> a live look at minor rad as he tracks santa's sleigh when he comes back. stay right there. ,, ,, ,,,, jack! what happened? me and jason came back with drinks and all 20 nuggets were gone. we got nugged. there was a nugging. this guy just came running up... dip! dip! dip! shoveling 'em into his face! give me your nuggets- -we're like "no! save some for our bo
cliff talks. >> let's hope they can figure it out in the next week. >> you can get more on melissa's segments on csf.com/morning. >>> time for a look at who's coming up a little later on this morning. >>> rebecca jar visit joins us live on christmas eve. good morning. >> good morning, frank and elizabeth. coming up ahead on our show on cbs this morning, the controversial call for armed guards at the school. we'll talk with asa hutch chin son about the gun...
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Dec 4, 2012
12/12
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cliff" talks. market up, nasdaq down, s&p up by 1. and apple shares are down by 1.5%. back to you. >> thank you. >>> >>> smartphones stocking stuffers and tablets under the tree. >> there's probably some kind of gadget on your holiday shopping list this year. and with more on that, cnet editor-at-large brian cooley is live in san francisco with tips to choosing the perfect gift. i was at best buy yesterday and it was sensory overload. you walk in. where do you start? >> reporter: we talked about tablets and things by themselves over the last few months. here i have them all in one place. i have tablets, ereaders and smartphones. let's put them into perspective. a lot of people are mystified where to start. i want to refresh them on the small tablets. the ipad mini 330 bucks, 8." check the size. it depends to be a big handful for some people who are unable to hold it with one hand comfortably. in that case look at a 7" tablet this google nexus 7 is one of those more handable in one hand. it's $200,
cliff" talks. market up, nasdaq down, s&p up by 1. and apple shares are down by 1.5%. back to you. >> thank you. >>> >>> smartphones stocking stuffers and tablets under the tree. >> there's probably some kind of gadget on your holiday shopping list this year. and with more on that, cnet editor-at-large brian cooley is live in san francisco with tips to choosing the perfect gift. i was at best buy yesterday and it was sensory overload. you walk in. where do...
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Dec 27, 2012
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the president wants to include the debt limit talks in the fiscal cliff talks but republicans do not, just one more issue they don't seem to be able to agree on. rebecca and jeff? >> with us now is is the editor of the magazine. what is the immediate impact on january one for most americans? >> the first two things that are going to hit are the payroll tax increase, that will affect almost every working american and we ran some numbers and calculated that for a family with two working parents make being $82,000 a year that could tack another $1,600 on to your yearly tax bill. that's big. the other immediate impact is the end of emergency unemployment benefits so for the most vulnerable americans that have already gone over all the rest of the benefits there's nothing else in the pot. >> what about the expiration of the bush era tax cuts? >> for the same family i spoke about, if all of those go through that's $2,600 a year extra on your tax bill. >> so much of the debate has focused on the tax issue but spending is a huge portion of this and there are automatic spending cuts also in pl
the president wants to include the debt limit talks in the fiscal cliff talks but republicans do not, just one more issue they don't seem to be able to agree on. rebecca and jeff? >> with us now is is the editor of the magazine. what is the immediate impact on january one for most americans? >> the first two things that are going to hit are the payroll tax increase, that will affect almost every working american and we ran some numbers and calculated that for a family with two...
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Nov 28, 2012
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well, lack of progress on "fiscal cliff" talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while hong kong's hang seng fell about .5%. >>> the deficit reduction talks weighed on wall street. the dow was down 89 yesterday while the nasdaq gave up 9. >>> retailers have a strong start to the holiday shopping season. according to shopper track, foot traffic was up more than 8% for the four-day weekend starting on thanksgiving. sales rose nearly 3% to $22 billion compared to last year. >>> and the surge in cyber monday shopping means big business for shippers. fedex says it expects to deliver 280 million packages during the holiday season. to handle the extra work, fedex has hired about 20,000 seasonal employees. guys, i got my first package yesterday on the front step and i had to run upstairs and hide it before anyone could see what it was. >> oh, nice. >> it begins. >> it does. >> are you a big adele fan? >> yes. i am a big adele fan and apparently she's doing pretty good right now. according to nielsen soundscan, her so
well, lack of progress on "fiscal cliff" talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while hong kong's hang seng fell about .5%. >>> the deficit reduction talks weighed on wall street. the dow was down 89 yesterday while the nasdaq gave up 9. >>> retailers have a strong start to the holiday shopping season. according to shopper track, foot traffic was up more than 8% for the four-day weekend...
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Dec 31, 2012
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. >>> the "fiscal cliff" deadline hours away but talks are stalled. can lawmakers reach a deal in time? >> plus a car careens into a packed funeral home over the weekend. what the teens in the cars were doing before impact. >> we're live in san francisco, where arson investigators will be looking into a suspicious house fire. we'll tell you what made things dangerous for firefighters. ,, ,,,,,,,,,, ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. new year's eve. i m michelle griego. and i'm frank mallicoat. tis 6-- developing news from san francisco... ars >>> good morning. it's monday, december 31. new year's eve, i'm michelle griego. >> is it new year's eve? >> it is. >> hi, everyone. i'm frank mallicoat. it is 6:30 on the nose now. we have developing news here in san francisco. arson investigators are looking into a suspicious house fire. >> cbs 5 reporter cate caugiran is l
. >>> the "fiscal cliff" deadline hours away but talks are stalled. can lawmakers reach a deal in time? >> plus a car careens into a packed funeral home over the weekend. what the teens in the cars were doing before impact. >> we're live in san francisco, where arson investigators will be looking into a suspicious house fire. we'll tell you what made things dangerous for firefighters. ,, ,,,,,,,,,, ♪ [ female announcer ] no more paper coupons. no more paper...
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Dec 22, 2012
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. >>> wall street worried about the "fiscal cliff" talks, stocks closed sharply lower today. the dow dropped more than 120 points. the nasdaq fell 29 points. the s&p dropped, as well. >>> california cannot stop people from using the so-called conversion therapy to try to turn gay minors straight. the federal appeals court issued an emergency order late this afternoon putting the law banning the therapy on hold. the law was the first of its kind set to take effect january 1. licensed counselors and two families who say their teenaged sons have benefited from it sought the injunction citing free speech rights. >>> it's official. president obama has nominated senator john kerry to be the new secretary of state. kerry is a former presidential candidate and an expert at foreign policy. his nomination comes after u.n. ambassador susan rice pulled out of the running for the job. and that's because of republican attacks on her role in the aftermath of the deadly attack on the u.s. consulate in benghazi, libya. >>> political insiders say senator kerry's appointment is seen as a certai
. >>> wall street worried about the "fiscal cliff" talks, stocks closed sharply lower today. the dow dropped more than 120 points. the nasdaq fell 29 points. the s&p dropped, as well. >>> california cannot stop people from using the so-called conversion therapy to try to turn gay minors straight. the federal appeals court issued an emergency order late this afternoon putting the law banning the therapy on hold. the law was the first of its kind set to take effect...
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Dec 17, 2012
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. >>> stock market has been focused on "fiscal cliff" talks of late. negative sentiment last week, some hope after some weekend talks. so let's see how the market is doing now. dow higher by 52 points. nasdaq is up by 14. s&p gaining 7. apple shares flat, google up 1.5% on the "wall street journal" report. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> well, if you can avoid the post office today, you may want to. expect long lines there. it's going to be the busiest mailing day of the year with a crush of holiday packages. there will be a 20% increase in package deliveries compared to last year. that could help the struggling service recover from the recent billion-dollar losses. >>> it's time now for a look at what's coming up later on "cbs this morning." norah o'donnell is in newtown, connecticut. >> reporter: good morning, brian, elizabeth. it is a tough morning here in newtown with the first of the funerals beginning today. but we're also hearing some remarkable stories of bravery and heroism. ahead gayle king talks w
. >>> stock market has been focused on "fiscal cliff" talks of late. negative sentiment last week, some hope after some weekend talks. so let's see how the market is doing now. dow higher by 52 points. nasdaq is up by 14. s&p gaining 7. apple shares flat, google up 1.5% on the "wall street journal" report. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> well, if you can avoid the post office today, you may want to....
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Dec 13, 2012
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cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from sandy affecting that number. as far as retail sales go in november, we saw a pretty decent gain up 3/10ths of a percent after a similar loss the month before. better when you strip out falling gas prices. sales were up 8/10ths of a percent. wholesale side inflation fell faster than expected last month. >>> google has come back to apple as far as maps go. apple having all sorts of problems with its map that replaced google maps a few months ago led to an apology from the ceo tim cook the firing of a long-time direction and lots of bad directions. so apple will br
cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from sandy affecting that number. as far as retail...
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Dec 14, 2012
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cliff" talk with the president. earlier in the day president obama told cbs' minneapolis station wcco he is hopeful they will make a deal. >> the big problem right now is that republicans in the house are resistant to the idea of the wealthiest americans paying higher taxes. >> reporter: boehner's second trip to the white house this week follows a lot of discouraging talk about the negotiations. >> here we are, at the 11th hour, and the president still isn't serious about dealing with this issue right here! it's this issue! spending! >> reporter: christmas and beyond could be how long it takes to get a deal. the speaker has told house members to be flexible with all travel plans for the rest of the year. republicans are pressing for specific budget cuts plus the speaker is not willing to speculate what the gop might give up in exchange. >> ifs and ands around buts are like candy and nuts. if that were the case day would be christmas. >> reporter: the president says it's republicans to need to offer details. >> go to
cliff" talk with the president. earlier in the day president obama told cbs' minneapolis station wcco he is hopeful they will make a deal. >> the big problem right now is that republicans in the house are resistant to the idea of the wealthiest americans paying higher taxes. >> reporter: boehner's second trip to the white house this week follows a lot of discouraging talk about the negotiations. >> here we are, at the 11th hour, and the president still isn't serious about...
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Dec 18, 2012
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on "fiscal cliff" talks. there are hopes more progress is being made. blue chips up 100 yesterday. right now all three indices are up slightly. apple up over 1%. brian, back to you. >> thank you, jason. >>> time now 11 minutes before 6:00. and time for a look on what's coming up later on "cbs this morning." >> charlie rose joins us now from new york. good morning, charlie. >> good morning. it is the most popular rifle in america. we'll take a closer look at the ar-15 and how it is now at the center of the nation's gun debate. also, what kind of gun control action is possible. we'll ask the president and his former chief of staff chicago mayor rahm emanuel. plus newtown is getting flooded with stuffed animals. the best ways that you can help the community. that and more when we see you at 7:00. >>> all right. charlie, thank you so much. >> and as charlie said it starts at 7:00. >>> temperatures poised to drop like a set of car keys. let's get the latest on that. >> i like that. yeah. colder, it's drier outside. and bluer. at least according to our maps. we are seeing a lot of those
on "fiscal cliff" talks. there are hopes more progress is being made. blue chips up 100 yesterday. right now all three indices are up slightly. apple up over 1%. brian, back to you. >> thank you, jason. >>> time now 11 minutes before 6:00. and time for a look on what's coming up later on "cbs this morning." >> charlie rose joins us now from new york. good morning, charlie. >> good morning. it is the most popular rifle in america. we'll take a...
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Dec 21, 2012
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a setback in the "fiscal cliff" talks triggered a sell-off overseas this morning. tokyo's nikkei lost 1% while hong kong's hang seng also dropped half a percent. wall street stocks fared better rebounding from earlier losses yesterday. the dow ended 59 points higher on thursday's trading while the nasdaq was up 6 points. >>> research in motion says it lost one million blackberry subscribers around the world in the last quarter. the plunge is the first for blackberry leaving it with 79 million users. their stock was down more than 10% in after-hours trading after it says it will change the way it charges fees. they expect to launch new smartphones next month which some analysts say is critical to its survival. >>> instagram the mobile picture sharing service owned by facebook has bowed to user pressure. it is revising its controversial terms of service policy. among them the company said is advertisers could display user's mottos without asking or paying for -- photos without asking or paying for them. instagram says there are now no such plans. i think after people
a setback in the "fiscal cliff" talks triggered a sell-off overseas this morning. tokyo's nikkei lost 1% while hong kong's hang seng also dropped half a percent. wall street stocks fared better rebounding from earlier losses yesterday. the dow ended 59 points higher on thursday's trading while the nasdaq was up 6 points. >>> research in motion says it lost one million blackberry subscribers around the world in the last quarter. the plunge is the first for blackberry leaving...
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looks like people are getting their refunds later from uncle sam because of the "fiscal cliff" talks that were taking place as well as new tax changes. cnbc reporting that the irs wasn't able to start accepting returns until after january 30th so they are going out later now. they will be coming but also they are going to be a little bit less because of various tax increases and economists with rbc say that could impact consumer spending by as much as two-tenths of a percent in the 1st quarter. that will weigh on overall commit growth. market off to a modest start this morning, dow up one, nasdaq up one, s&p up by a fraction. back to you. >> thank you, jason brooks. >>> the republican party pinned its hopes on the junior senator from florida. that would be marco rubio. he delivered his party's response to the president's state of the union on tuesday night. now, we turn to kpix 5 political insider phil matier former mayor willie brown and "san francisco chronicle" reporter carla marinucci. first question, guys, out of the gate, rubio -- hold it, guys, here we go. rubio got everyone's
looks like people are getting their refunds later from uncle sam because of the "fiscal cliff" talks that were taking place as well as new tax changes. cnbc reporting that the irs wasn't able to start accepting returns until after january 30th so they are going out later now. they will be coming but also they are going to be a little bit less because of various tax increases and economists with rbc say that could impact consumer spending by as much as two-tenths of a percent in the...
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Dec 14, 2012
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. >>> all talk and no action on the "fiscal cliff" talks. >> yeah. if they can't find a middle ground taxes will go up on all americans january 1. we have heard this time and time again. >> too much. >> cbs 5 political insider phil matier is at caffe roma with mayor ed lee and former mayor willie brown. good morning, everyone. >> good morning. >> good morning. >> we have here two of the top political minds. i got to ask you guys, why does it always have to come down to some kind of crisis for anything to get done whether it's washington or san francisco? >> well, i have been trying to avoid crises. so we have our budget increasing, we have good revenues going. so i think locally we're doing okay. >> but we do have to watch out. >> all those things you always wind up having them in the office at the 11th hour, 59th minute, kicking and screaming. why? >> we politicians, phil are different from most people. we really do try to find the perfect answer. and it just takes longer. >> oh, come on. [ laughter ] >> you guys just can't stick around and agree. >
. >>> all talk and no action on the "fiscal cliff" talks. >> yeah. if they can't find a middle ground taxes will go up on all americans january 1. we have heard this time and time again. >> too much. >> cbs 5 political insider phil matier is at caffe roma with mayor ed lee and former mayor willie brown. good morning, everyone. >> good morning. >> good morning. >> we have here two of the top political minds. i got to ask you guys, why does...
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Dec 3, 2012
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stock market focused on "fiscal cliff" talks as always, nothing new to report there except the stalemate over the weekend. and that will continue to drive the market going forward. manufacturing also a key today. we'll hear from the institute for slide management in a few minutes. an earlier report coming from markets purchasing managers index was positive and that was key after getting positive manufacturing reports out of china and europe with the market going in the right direction this morning. let's take a look at the numbers. the dow is up by 34 points. nasdaq gaining 12. s&p moving higher by 4 points. back to you guys. >> we'll take it. jason brooks with kcbs and cbsmoneywatch.com, thank you. >>> well, a new study says that when you got to go, social media apparently goes with you. [ laughter ] >> apparently so. >> people are tweeting on the toilet. according to some new data, nearly one-third of social media users ages 18 to 24 make social connections while in the bathroom. and the same goes for 28% of those 25 to 34 and 15% of 35 to 44-year-olds. both sexes are equally likely to
stock market focused on "fiscal cliff" talks as always, nothing new to report there except the stalemate over the weekend. and that will continue to drive the market going forward. manufacturing also a key today. we'll hear from the institute for slide management in a few minutes. an earlier report coming from markets purchasing managers index was positive and that was key after getting positive manufacturing reports out of china and europe with the market going in the right direction...
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Dec 28, 2012
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cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel negotiations as they have been during the holidays on a bill to possibly avert the fiscal cliff. those talks i'm told did not make much progress. the face-to-face conversations may fact create the possibility of a breakthrough. but right now the president has no new proposals to give his congressional leaders. he will stick with what he told the nation on friday-- raise income taxes for households earning more than $250,000, extend unemployment benefits for those americans out of work for more than six months, and try to find some other means to avert the fiscal cliff before that deadline, and tomorrow, may give us a glimmer of hope but as i said, the white house does not consider this a breakthrough, but everyone is and will be talking. >> glor: major garrett at the white house. thank you. all of this uncertainty is already affecting the economy.
cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel negotiations as they have been during the holidays on a bill to possibly avert the fiscal cliff. those talks i'm told did not make much progress. the face-to-face conversations may fact create the possibility of a breakthrough. but right now the president has no new proposals to give his congressional leaders. he will stick with what he told the...
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Nov 10, 2012
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wyatt andrews on the president, the speaker, and the fiscal cliff. new talk of compromise. but is a tax increase next? and steve hartman "on the road" at the height of the storm, tony iann got a phone call from his son. >> when he hung up, i started to cry. i said "it's over. he's not coming back." captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. late today president obama accepted the resignation of the director of central intelligence, david petraeus. petraeus acknowledged having an extramarital affair. we have learned that for the last few months the f.b.i. has been investigating the communications of petraeus. law enforcement sources tell bob orr there was concern about e-mails that the c.i.a. director was exchanging with a woman who is a journalist. additional sources tell us those communications involved paula broadwell, seen here with petraeus on a department plane. broadwell, 39 years old, published a book last year on petraeus' time as the general in charge in afghanistan. broadwell is a harvard university resea
wyatt andrews on the president, the speaker, and the fiscal cliff. new talk of compromise. but is a tax increase next? and steve hartman "on the road" at the height of the storm, tony iann got a phone call from his son. >> when he hung up, i started to cry. i said "it's over. he's not coming back." captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. late today president obama accepted the resignation of...
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cliff debate. >> don't talk about them as if they are entitlements and give aways. these are programs people have paid for over their entire working lives and have earned these programs. >> if lawmakers and the president don't find a compromise, taxes for all americans will go up and across the board spending cuts will kick in on january first. danielle nottingham, cbs news washington. >>> the former head of the international monetary fund and the maid who accuse him -- accused him of sexual assault has settled her lawsuit. it stems from a 2011 encounter. he denied he attack the woman but resigned. terms of the settlement are confidential. she still faces prostitution related charges in france. >>> tonight, the music world is mourning the death of a superstar. the body of grammy nominated singer jenni rivera was found in the wreckage of a crash near mix co. rivera and six others died -- mexico. the 43-year-old was headed back to central mexico with her interage. cbs 5 reporter len ramirez has more. >> you could hear the music blaring out as people played the music t
cliff debate. >> don't talk about them as if they are entitlements and give aways. these are programs people have paid for over their entire working lives and have earned these programs. >> if lawmakers and the president don't find a compromise, taxes for all americans will go up and across the board spending cuts will kick in on january first. danielle nottingham, cbs news washington. >>> the former head of the international monetary fund and the maid who accuse him --...
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he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline looming there were dire predictions. >> come the first of this year americans will have less income than they have today. >> reporter: and recriminations. >> now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. but we had no takers. >> reporter: the senate's top democrat said the problem has nothing to do with phone calls but house republican obstruction. >> the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker not allowing the vast majority of the household representatives to get what they want. >> reporter: house speaker john boehner ordered republicans back to the capital for a rare sunday night session. republicans expect to vote on whatever fiscal cliff bill the senate passes one day before the deadline and warnings
he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline looming there were dire predictions. >> come the first of this year americans will have less income than they have today. >> reporter: and recriminations. >> now republicans have bent over backwards. we stepped way, way out of our comfort zone. we...
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Nov 29, 2012
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. >>> secretary geithner is up on capitol hill to lead negotiations on the fiscal cliff talks. >> you're not going to grow the economy if you raise taxes on the top two rates. that's not the right approach. >>> string of nasty storms barreling into the west coast. powerful winds have started knocking out power. >> just need to get to the other side of town. i don't have a choice. >> picked a bad day to do it? >> yeah. >> u.s. embassy in cairo is closed. the entrance is blocked by protesters as clashes erupt nearby. >> zebra and s hechlt tland pony ran wild through the streets of new york city. they apparently escaped from a petting zoo. >>> nypd says actress lindsay lohan has been raefed and charged with assault. >> three, two, one. >> only nbc would make a television event out of plugging something in. >> all that -- >> oh, humphries and rondo get into it. officials trying to get control here. >> don't tell me what i think. when i said i didn't have a problem, i don't have a problem. got it? >> and all that matters. >> president obama plans to play host to his old political rival, mitt
. >>> secretary geithner is up on capitol hill to lead negotiations on the fiscal cliff talks. >> you're not going to grow the economy if you raise taxes on the top two rates. that's not the right approach. >>> string of nasty storms barreling into the west coast. powerful winds have started knocking out power. >> just need to get to the other side of town. i don't have a choice. >> picked a bad day to do it? >> yeah. >> u.s. embassy in cairo is...
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Dec 8, 2012
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i'm tired of talking about the fiscal cliff. i think some of that uncertainty has held back hiring and we have to get past that. because if you're a business an you don't know what the rules of the game are, most businesses will tell you i don't even care what the level of regulation is or what the tax rate is i just need to know what the playing field is. it's that uncertainty that's holding things back. we have to take that probably into early next year before you lift that uncertainty. >> thanks so much. now to the president and the congress and the fiscal cliff. the combination of automatic tax hikes and deep federal spending cuts due to kick in january 1st. that's 24 days away. just over three weeks from now but so far negotiations to find a way around it well they've gone nowhere. we'll talk about that with a former chief of staff to president bill clinton and adviser to president obama and a founder and chairman of the center for american progress which is a washington think tank and he joins us now from our washington bu
i'm tired of talking about the fiscal cliff. i think some of that uncertainty has held back hiring and we have to get past that. because if you're a business an you don't know what the rules of the game are, most businesses will tell you i don't even care what the level of regulation is or what the tax rate is i just need to know what the playing field is. it's that uncertainty that's holding things back. we have to take that probably into early next year before you lift that uncertainty....
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. >> advocates for seniors want social security and medicare out of the fiscal cliff debate. >> don't talk about them as if they are give aways. these are programs that people have paid for over their entire working lives and have earned these programs. >> if lawmakers and the president don't find a compromise, taxes for all americans will go up and across the board spending cuts will kick in on january first. in washington, danielle nottingham, cbs 5. >>> cell phones on the streets. the plan the give california's homeless their own phone and the reason supporters claim the program will help create jobs. >>> plus. >> we're so sorry this has happened. >> . >>> it was a radio prank with a tragic end. the radio djs apologize. >>> it is a different kind of plan, one for your bank account. the step to take for a financial diet and how much money you could actual slave. ,,,,,, cell phones for low income californians. >>> we have food stamps and housing assistance and soon free cell phones for low income people. >> the new program, who qualifies and why some see it as a way up. grace. >> rep
. >> advocates for seniors want social security and medicare out of the fiscal cliff debate. >> don't talk about them as if they are give aways. these are programs that people have paid for over their entire working lives and have earned these programs. >> if lawmakers and the president don't find a compromise, taxes for all americans will go up and across the board spending cuts will kick in on january first. in washington, danielle nottingham, cbs 5. >>> cell phones...
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remember, he had plan "b" during the fiscal cliff talks, a plan that his conservatives rejected. partially what that is is just to buy time. the plan seems to be basically to put pressure on the president. say you cannot sustain this posture of no negotiation. clearly in the press conference yesterday the president is feeling a bit of that pinch, i'll negotiate, i just won't negotiate on the specific question of raising the debt limit and tying something to it. i'm not sure there are any mysteries here that john boehner's got in his back pocket. >> do you think we're close to a turning point? i ask that because you have the u.s. chamber of commerce the national association of manufacturers, wall street ceos are calling republicans on capitol hill, then you have these outrageous stories about veterans not getting their benefits. do you think something's about to change? >> i don't know. there's a lot of -- you know all the experts that come out and say a debt limit breach would be disastrous. you then have some voices saying it wouldn't be that bad, the administration would be abl
remember, he had plan "b" during the fiscal cliff talks, a plan that his conservatives rejected. partially what that is is just to buy time. the plan seems to be basically to put pressure on the president. say you cannot sustain this posture of no negotiation. clearly in the press conference yesterday the president is feeling a bit of that pinch, i'll negotiate, i just won't negotiate on the specific question of raising the debt limit and tying something to it. i'm not sure there are...
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Dec 4, 2012
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. >> just 28 days away from the fiscal cliff. talks seem to be at a standstill. >> there's no deal. not even a prospect for a deal and they there's not much talking going on either. >> iran claims it shot down an american drone. the head of its navy says the unmanned surveillance plane is in iran's possession. >> does this mean iran is getting more aggressive. >> seems to be ramping up their attention in the area and making claims we think are untrue. >> prince william and katherine are expect ag baby. officials confirmed the news on monday and said kate will be spending the next several days in the hospital. >> this is the first world child. it's not like william or harry. it's been born into a global media world. >>> football is a violent sport. adding guns to the mix doesn't help. >> the nfl has clear policy guidelines and prohibitions where the players can take their guns. you think they take a step further? >> if someone is planning to do something like that and they're determined, there's very little that will stop them. >> this is the pregnancy everyone has been waiting for.
. >> just 28 days away from the fiscal cliff. talks seem to be at a standstill. >> there's no deal. not even a prospect for a deal and they there's not much talking going on either. >> iran claims it shot down an american drone. the head of its navy says the unmanned surveillance plane is in iran's possession. >> does this mean iran is getting more aggressive. >> seems to be ramping up their attention in the area and making claims we think are untrue. >>...
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Dec 31, 2012
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you can keep tabs on the talks of the fiscal cliff, 24/7 by logging on to our web site. >>> just within the past half- hour we learned hilary rodham clinton has been admitted to the hospital. a blood clot. she had take enthe past three weeks off of work to recuperate after a nasty bout with stomach flew. doctors allowed her to recover at home. she was planning return to work this week but the former first lady will be monitored at a new york hospital for the next 48 hours. >>> checking bay area headlines, the police are searching for the person who mugged a woman and killed had her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man attempted to rob her and then grabbed her 12-year-old dog and hurled it into traffic. the police are checking for surveillance video of the area and offering $1,through reward for information. >>> and fremont police chief, for the past 20 years, leaves his post today. steckler spent four decades in law enforcement. he was criticize inside 2005 for ending the police response for burglar alarms. he will stay on as a
you can keep tabs on the talks of the fiscal cliff, 24/7 by logging on to our web site. >>> just within the past half- hour we learned hilary rodham clinton has been admitted to the hospital. a blood clot. she had take enthe past three weeks off of work to recuperate after a nasty bout with stomach flew. doctors allowed her to recover at home. she was planning return to work this week but the former first lady will be monitored at a new york hospital for the next 48 hours. >>>...
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Dec 29, 2012
12/12
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now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated
now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal...
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Nov 26, 2012
11/12
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to avoid the fiscal cliff. we'll hear from tennessee republican senator bob corker. >>> cyber monday is here. we'll show you how shoppers are finding the best online deals. >>> and we'll reveal the five things you should know to avoid delayed airline flights. that and a whole lot more coming up on "cbs this morning." for now, that is the morning news for this monday. appreciate you watching. i'm terrell brown in new york. take care, everybody, have a great day. ,,,,,, . >>> you're watching cbs 5 eyewitness news this morning. >>> good morning everybody. it is monday november 26th. i'm frank mallicoat. >> and i'm michelle griego. time is 4:30. >>> be aware out there. there's heavy fog out there across much of the bay area. >> visibility is especially bad on bridges. anne makovec is by the bridges with conditions there. it was foggy this morning, ann. >> reporter: yeah, i'm standing on the embarcadero. you can't see it very well, but drivers should be aware there is fog on all of bay area bridges and on the
to avoid the fiscal cliff. we'll hear from tennessee republican senator bob corker. >>> cyber monday is here. we'll show you how shoppers are finding the best online deals. >>> and we'll reveal the five things you should know to avoid delayed airline flights. that and a whole lot more coming up on "cbs this morning." for now, that is the morning news for this monday. appreciate you watching. i'm terrell brown in new york. take care, everybody, have a great day....
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Dec 11, 2012
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. >> reporter: advocates for seniors wants social security and medicare out of the fiscal cliff debate. >> don't talk about them as if they're entitlement reforms and giveaways. these are programs that people have paid for over their entire working lives and have earned these programs. >> reporter: if lawmakers and the president don't find a compromise, taxes for all american will go up, and across-the-board spending cuts will kick in on january 1. danielle nottingham, cbs news, washington. >>> secretary of state hillary clinton canceled a trip to north africa in the middle east because of a stomach virus. the focus of the trip is the crisis in syria. and the obama administration has granted one group affiliated with the rebels a terrorist organization that has alleged ties to al qaeda. any assets in the u.s. are frozen, and americans are barred from doing business with it. >>> the body of the navy s.e.a.l. killed during a mission to rescue an american doctor from the taliban is on its way home. the family of dr. dilip joseph released a statement praising the s.e.a.l.'s hero im. he was
. >> reporter: advocates for seniors wants social security and medicare out of the fiscal cliff debate. >> don't talk about them as if they're entitlement reforms and giveaways. these are programs that people have paid for over their entire working lives and have earned these programs. >> reporter: if lawmakers and the president don't find a compromise, taxes for all american will go up, and across-the-board spending cuts will kick in on january 1. danielle nottingham, cbs...
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Dec 14, 2012
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the market is keeping an eye on that "fiscal cliff." the talks are going on in washington. and cbsmoneywatch reporter erica ferrari has an update from new york. >> reporter: good morning. concern over fiscal talks in washington could push stocks down for a second day. the dow finished down 74 thursday, nasdaq down 21. last night president obama and house speaker john boehner met for just under an hour. the brief meeting was described as frank but there is still no sign of a compromise. the white house says the president will not budge in his tax strategy to raise rates on the top 2% of americans. republicans want more cuts to social programs like medicare. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a fraction. >>> now, you might not know the name but you have seen the unique label that norman woodland developed with another engineer. woodland invented the bar code. now what it is, that rectangle found on about every product we buy in stores. they got a patent for their inven
the market is keeping an eye on that "fiscal cliff." the talks are going on in washington. and cbsmoneywatch reporter erica ferrari has an update from new york. >> reporter: good morning. concern over fiscal talks in washington could push stocks down for a second day. the dow finished down 74 thursday, nasdaq down 21. last night president obama and house speaker john boehner met for just under an hour. the brief meeting was described as frank but there is still no sign of a...